Old-Pdx style Irvington home with a great blend of vintage charm and new amenities. Natural wood moldings, extensive hardwoods and great built-ins. Newer kitchen with large pantry, granite counters, cook-island, double sink and lots of natural light. Finished basement with family room, guest suite and utility closet. Elevated from the street with an inviting front porch, this home is move in ready.To view more info about this property visit: www.RuthPriceProperties.com/12098327

At them moment it’s hard to determine if what is reported in the media is fact, speculation or just plain theory. I hope these numbers shed some light on the ultimate question most people have right now – is anything selling out there?

If you are a buyer or seller in today’s market its crucial to look at factual information and base your decisions on good data as well as your goals – not any other “general” news reports.

Whatever side of the fence you are on, looking at what’s selling will identify trends and help forecast what you might encounter while in the real estate market.

SELLERS– If you have a marketable home in the “Hot Price Ranges” then your odds of finding a buyer with minimum time on the market are good.

BUYERS–If are searching for homes in the “Hot Price Ranges” then chances are that that you will most likely find a at market value but with increased competition for the great homes from other buyers.

Here is how sales for the month of January 2009 stack up along with the “Hot Price Ranges” for each area.

A note about the source of data - I am only taking into consideration residential family homes that have sold in the City of Portland only. All data used reflects property that has sold through a Realtor and comes directly from the Portland Association of Realtors. Though increasingly rare in this market these numbers do not reflect any homes that might have sold without a Realtor.

Total Homes Sold in City of Portland in January – 299

Southeast Portland – 121 homes

Hot Price Ranges

$100,000-$200,000 – 51 homes

$200,000-$300,000 – 46 homes

$300,000-$400,000 – 17 homes

Northeast Portland – 85 homes

Hot Price Ranges

$200,000-$300,000 – 30 sales

$300,000-$400,000 – 16 sales

West Portland – 71 homes

Hot Price Ranges

$200,000-$300,000 – 20 homes

$300,000-$400,000 – 17 homes

$500,000-Above– 23 homes

North Portland – 22 sold homes

Hot Price Ranges

$100,000-$200,000 – 8 sales

$200,000-$300,000 – 9 sales

Contact Ruth Price – broker with the Hasson Co. Realtors – for more information about the market, to find out your home’s value or with questions.

The following homes made the list of “Hot Properties” this week of homes listed for sale in Portland located in close-in and urban neighbrhoods. I’ve personally viewed these properties and deemed them worthy of the title due to one or more of the following reasons:

Great close-in/urban Portland location/neighborhood

Good house at good price

Priced very well or below market value

Have had significant price reduction(s)

Offer something unique or are architecturally distinct

Please click on the links below to view pictures and more information about each property. A note: these links are only valid while the homes are on the market for sale. Please feel free to call me or e-mail me for additional information or if you know someone that might be a perfect fit for one of these homes.

It doesn’t get better than this. Totally remodeled with modern finishes this home has great views of the west hills and downtown Portland. The very best in one of Portland’s most desirable neighborhoods.